TechnologyBrief
Nvidia board opens inquiry after reports concerning CEO Huang
A committee of independent directors will oversee the review with independent outside counsel’s assistance, while a spokesperson told CNN Huang is committed to continuing as CEO.
Nvidia’s board said on November 8 that it is starting an investigation after reports that founder and chief executive Jensen Huang was targeted by a foreign intelligence effort.
The board described the investigation as independent and said a committee of independent directors will oversee it with assistance from outside independent counsel. It said the inquiry will examine all available information.
The board said it had no reason to believe U.S. national security or Nvidia secrets were compromised. It also said Huang supports the review and has committed to cooperating with it.
Separately, a company spokesperson told CNN that Huang is committed to continuing to lead Nvidia as chief executive without interruption.
In its statement, the board expressed confidence in Huang and his leadership team and said it would provide further updates as appropriate.
What we don't know yet
- What conclusions, if any, will the inquiry reach about the reported intelligence effort?
- Who will serve on the board committee and as outside counsel?
Timeline
Nvidia’s board announced the inquiry and described its oversight and current position.
CNN published a company spokesperson’s statement on Huang’s commitment to continue leading Nvidia.